• “IF YOU didn’t spend all your money on travel, you’d be able to afford a house deposit.”

How many gen Xs and Baby Boomers have offered those helpful words of advice for young Australians struggling to get onto the property ladder?

But as the Australian dream grows further out of reach for the next generation, an increasing number are opting to throw in the towel altogether to do just that.

“It’s such a huge expense that I’m never going to be able to afford,” said Perthfashion and travel blogger Monique Ceccato.

READ MORE VIA NEWS.COM.AU

Monique Ceccato, 25, says high house prices have discouraged her from saving.

Monique Ceccato, 25, says high house prices have discouraged her from saving.